NO. 37

17 JUNE 1991


OPEC Output Dropped to 22.2mn b/d in May

According to MEES estimates, OPEC crude oil production dropped to 22.194mnb/d in May, down 152,000 b/d from the April figure of 22.346mn b/d. The fall wasmainly due to a drop of 200,000 b/d in UAE production (see MEES, 13 May).

It should, however, be noted that the Saudi output of 7.5mn b/d refers towellhead production, not to crude supply/sales. As in April, Saudi crude salesin May were in the region of 8mn b/d which...